Churchill Downs CHDN Operating margin

Operating margin at other companies

MGM Resorts InternationalMGM

5.7%-2.4pp

PENN Entertainment, Inc.PENN

-7.9%—

Caesars Entertainment, Inc.CZR

15.9%-4.5pp

DraftKings Inc.DKNG

-5.6%-1.9pp

Boyd GamingBYD

16.4%-6.6pp

Red Rock Resorts, Inc.RRR

27.7%-2.3pp

FAQ

What is Churchill Downs's operating margin?

Churchill Downs (CHDN) reported operating margin of 24.1% in Q2 2026.

How has Churchill Downs's operating margin changed year-over-year?

Churchill Downs's operating margin decreased by 4.6% year-over-year, from 25.3% to 24.1%.

What is the long-term trend for Churchill Downs's operating margin?

Over 5 years (2020 to 2025), Churchill Downs's operating margin has grown at a 32.6% compound annual growth rate (CAGR), from 5.7% to 23.4%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.